EMPLOYMENT CONTRACT

This contract is made on this_26th_day_of_June_2023_between:

1. VAM Systems DMCC, Office No: 2904, Floor –29, Building BB1, Mazaya Business
Avenue P.O Box: 923100, Jumeirah Lake Towers (JLT), Dubai, United Arab Emirates (the "Company")

2._Berender_Singh_(_Son_of_Jaimal_Singh_), an Indian - National, Holder of Passport

No._M3742138_(the "Employee")

WHEREAS

The Company and the Employee have agreed on the employment of the Employee by the Company upon
the terms and conditions set out below.

NOW THEREFORE THE PARTIES agree as follows:

1. Operative

The Company employs, and the Employee accepts employment with the Company, to work for the
Company in its UAE office or at any other geographical locations where the Company or its group
companies are engaged in a project, as_Integration Delivery Expert_(the "Employment") reporting to the
"Project_Manager".

2. Remuneration

2.1 In consideration of the Employee undertaking the Employment for the Company, the Company shall
pay the Employee as follows:

2.1.1 Fixed Income of

UAE_Dirhams_Eight_Thousand_Seven_Hundred_And_Fifty_Only_(_AED_8750_) per month or part
thereof, paid monthly in arrears as Basic Salary;

2.1.2 House Rent Allowance of

UAE_Dirhams_Six_Thousand_Two_Hundred_And_Fifty_Only_(_AED_6250_) per month (or
accommodation at the company’s discretion) part thereof, paid monthly in arrears;

2.1.3 Transportation allowance of

UAE_Dirhams_Two_Thousand_And_Five_Hundred_Only_(_AED_2500_) per month or part thereof,
paid monthly in arrears;

2.1.4 Sick Leave Encashment

UAE_Dirhams_One_Thousand_Two_Hundred_And_Fifty_Only_(_AED_1250_) per month or part
thereof, paid monthly in arrears; or the same to be paid as part of Full and Final Settlement – End of
Service Benefits as per the discretion of the employee. If the employee selects monthly payment option,

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this money shall be considered paid as advance to the employee and shall remain debited to the
employee’s account with the company and shall get adjusted with the full and final settlement payment
due to the employee; If the employee avails of Sick Leave Encashment, then he shall not be eligible for
paid sick leave;

2.1.5 Out of office working hours allowance

UAE_Dirhams_One_Thousand_Two_Hundred_And_Fifty_Only_(_AED_1250_) per month or part
thereof, paid monthly in arrears;

2.1.6 Other Allowances of UAE_Dirhams_Five_Thousand_Only_(_AED_5000_) per month or part

thereof, paid monthly in arrears;

2.1.7 Lowest economy class fare from UAE to the nearest international airport in the home country shall
be provided upon the completion of every 12 months of continuous service by the employee;

2.1.8 The gross salary UAE_Dirhams_Twenty_Five_Thousand_Only_(_AED_25000_) per month or part

thereof, paid monthly in arrears as the all-inclusive Gross Salary;

2.2 The amounts set out in Clauses 2.1.1, 2.1.2, 2.1.3, 2.1.4, 2.1.5 and 2.1.6 above represents all cash
remuneration, benefits and allowances provided by the Company such as accommodation, transportation,
sick leave, children's education, etc.... and the employee shall not have any additional cash remuneration,
benefits or allowances at all.

3. Term

This Agreement is for a period of Two years, commencing on the 25th August 2023 or from the date of
joining till 24th August 2025.

4. Probation

The Employee shall work under a probation period of_Six-(_6_) months calculated as from the
commencement date of this Employment Contract set out in Clause 3 above. In the event of termination
of the Employment during this probationary period, the Employee will not be entitled to receive any end
of service benefits or other compensation whatsoever.

5. Holidays

The Employee shall be entitled for annual leave salary on completion of drawing full twelve months of
salary.

6. Air Tickets

The Company shall provide a one-way ticket to the Employee at the termination of this Employment
Contract to repatriate to his/her place of origin, if the Company terminates the agreement after the
probation period.

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7. Termination

7.1 The Contract can be terminated before the expiry by either of the Company or the
Employee of thirty (30) days' notice in writing to the other. Company’s liability in the event of such
termination shall be limited either 30 days notice period or salary for the said period to be paid upon the
cancellation of visa and exit from the country of assignment. The Employee shall not be eligible for any
other benefit or additional payment other than defined in this agreement. The Employee shall reimburse
the Company all the expenses incurred by the company such as but not limited to Airfare, Initial
Accommodation (in Dubai/Sharjah/Abu Dhabi shared company accommodation at the rate of Dhs.300/-
night or at actuals at other locations), Cost of Visas including all required deposits, cost of recruitment
etc. if the Employee decides to terminates this agreement before the completion of one year of continued
services with the Company or upon immediate termination of the agreement by the Employee during the
course of the agreement

7.2 The Company may dismiss the Employee without notice as provided for in Articles 88 through 120 of
the Labour Law. If any action direct or indirect is taken by the Employee that may affect the current or
future business or business potential of the Company with any of its Clients / Prospects or any
communication that the Employee does directly or indirectly to tarnish the image of the company or
demoralize other employees or does not report to work for more than one working day without informing
and getting written approval from the Company to remain absent for the approved number of days, or if
it’s found by the company or its client that the Employee is not competent either technically or otherwise
to carry out tasks for which he/ she is recruited and if the employee is unable to perform his/ her duties to
the satisfaction of the Company or its Client, it shall be considered as immediate termination of the
Employment Agreement by the Employee;

7.3 The Employee shall not, at any time either during the period of employment with the Company or for
twelve months after leaving the Company, whether on his/her own account or for or jointly with any other
person, firm or company, solicit, interfere with or endeavor to entice away from the Company, or its
associated companies, any person, firm or company who at any time during, or at the date of termination
of Employment with the Company, or its associated companies, were employees or customers of or in the
habit of dealing with the Company, or its associated Companies. The Employee shall not, during a period
of twelve months from the date of leaving the Company, directly carryon with or be concerned with or
interested in carrying on with or be employed by any client of the Company, or its associated companies,
with whom he/she have had professional involvement during the course of his/her employment with the
Company during the six months immediately preceding the termination of his/her employment with the
Company.

7.4 On approval from the Company in writing, the Employee can accept the direct employment from its
Client. If the Employee joins any of the Company’s clients with approval, within a period of twelve
months from the date of termination, the employee shall be liable to pay two months gross pay based on
the last salary he received from the company. If the Employee joins any of the Company’s clients without
approval or provide such services through a third party company, within a period of twelve months from

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the date of termination, the employee shall be liable to pay six months gross pay based on the last salary
he received from the company. The Company shall have right to take legal remedies, in case of non-
payment, and the employee shall be responsible for all costs involved in full.

8. Governing Law

This Employment Contract and the Employment shall be governed by and construed in accordance with
the United Arab Emirates Federal Labour Law for the Private Sector (being Federal Law No.8 of 1980 as
amended). The Company shall have the rights to pursue all means including but not limited to availing
the assistance of Courts of the country of origin of the employee or Courts of any other sovereign country
of company’s choice as well as private agencies to recover any assets, valuables, penalty payments,
recoveries or money due to the company or its clients by the employee. Cost of recovery and legal efforts
that the Company incurs in such efforts shall be solely paid by the Employee or his/ her survivors.

9. Confidentiality and know-how

All confidential information, trade secrets, and confidential manufacturing processes, know-how, or data
of any kind whatsoever coming into existence and/or acquired by the Company or used by the Company
or any employee or agent thereof during the period of the Employment and pertaining to the design,
development, and manufacture, of the products licensed, manufactured or otherwise dealt with by the
Company shall be treated as confidential by the Employee and he/she shall not use or disclose the same
except with the express permission of the Company.

All designs, drawings, plans and records pertaining to products sold, manufactured or otherwise dealt
with by the Company or the Employee in connection with his/her employment in the Company shall at all
times be the property of the Company. All copyright in such designs drawings and documents as
aforesaid shall be the property of the Company. Any and all discoveries ideas and inventions which the
Employee may conceive or make during the period of this employment relating to or in any way
appertaining to or connected with products licensed, manufactured or otherwise dealt with by the
Company, shall be the sole and exclusive property of the Company and he/she will, whenever requested
to do so by the Company, execute any and all applications, requests and other instruments that the
Company shall deem necessary in trademarks. The Employee's obligations to execute the papers aforesaid
will continue beyond the termination of this employment and such obligation will be binding on his/her
assigns, executors, administrators or other legal representatives.

10. Participation in Businesses

The Employee shall not during his/her employment by the Company carryon, either alone or in
partnership or, be directly employed or concerned in any business undertaking other than that of the
Company except as a shareholder in a public quoted company unless he/she has obtained the previous
written consent of a director of the Company. This consent will not be unreasonably withheld. Further,
the Employee shall not accept gifts, entertainment, or other favours that go beyond common courtesy or
which exceed nominal value from persons or bodies with which the Company has business dealings.

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11. Others

The company shall have the right to transfer the employee to any of its group operations without any
changes to this employment agreement

The agreement shall be valid only if the employee signs the agreement and returns the scanned copy of
the agreement within two working days from the date of the agreement

The agreement is valid upon the client acknowledges the technical suitability of the employee for the
project in writing and upon the company obtaining work permit and valid visa from the Government of
the country of the service

Employee agrees to join the company on or before_25th August 2023-(herein after referred as mutually
agreed date). The Company shall apply for the necessary visa and provide the employee with air ticket
from the nearest international airport whichever is cheapest (from Employee’s home town) to UAE. If the
Employee fails to join the company on the mutually agreed date, the Employee agrees to pay the
Company all the loss as well as expenses it incurred in recruitment, organizing the visa, air ticket and in
completing other formalities. Company shall advise the employee of any change in the above mutually
agreed date, due to reasons beyond its control, and in such cases, the date advised by the company shall
be come the revised date of join.

The Company reserves the right to make deductions from the Employee's salary or from final settlement
or to require him/her to repay money to the Company with respect to:

a) Advances made to the Employee by the Company

b) Loans made to the Employee by a bank and guaranteed by the Company
c) Any money due to the Company by the Employee
d) Amount of paid holiday taken in advance or more than entitlement
e) Value of any Company's equipment not returned to the Company. These equipment represent valuable
Company property and the Employee must at all times exercise all necessary care and control over these
equipment to ensure that they are protected against theft, loss or damage. The Employee may be
personally liable for the cost of repair or replacement of any item that is lost or damaged.

Signed By

VAM Systems Berender Singh

(the "Company") (the Employee)

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